A rendering shows the arena proposed for Richmond, Va., designed by HOK. (Courtesy Spectra) Facility part of $1.5 billion mixed-use development slated for downtown Spectra has been awarded the rights to run all facets of a proposed new arena in Richmond, Va., pending approval of the project by the City Council. The 17,500-seat facility, estimated to cost $235 million, would be part of a $1.5 billion mixed-use development intended to transform the downtown district in Virginia’s capital. Other components include a 500-room hotel, 2,100 new residential units and 500,000 square feet of office space, plus the restoration and conversion of the historic Blues Armory into a three-level grocery, music venue and ballroom. The new arena, designed by HOK, would replace Richmond Coliseum, a 48-year-old building formerly managed by SMG that closed its doors in early 2019. It would be torn down to clear space for new construction, project officials said.… Continue Reading Spectra Selected to Run Planned Richmond Arena